Flakes; of Potatoes Price in Norway - 2023

Flakes; of Potatoes Price in Norway (CIF) - 2023

In September 2023, the average flakes; of potatoes import price amounted to $1,894 per ton, falling by -10.4% against the previous month. Over the period under review, the import price, however, saw noticeable growth. The growth pace was the most rapid in April 2023 when the average import price increased by 63% m-o-m. Over the period under review, average import prices attained the maximum at $3,003 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($2,640 per ton), while the price for the Netherlands totaled $1,562 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.1%).

Flakes; of Potatoes Price in Norway (FOB) - 2022

The average flakes; of potatoes export price stood at $5,100 per ton in 2022, declining by -16.9% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 71%. Over the period under review, the average export prices attained the maximum at $6,136 per ton in 2021, and then reduced notably in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($5,567 per ton), while the average price for exports to Denmark stood at $5,079 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.

Flakes; of Potatoes Imports in Norway

In 2022, the amount of flakes; of potatoeses imported into Norway contracted to 691 tons, falling by -10.2% compared with 2021 figures. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 49%.

In value terms, flakes; of potatoes imports reduced to $890K in 2022. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 64%.

Import of Flakes; of Potatoes in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	108	111	561	587	75.8%
Germany	777	499	288	225	-33.8%
Belgium	76.7	N/A	156	68.6	-3.7%
Sweden	46.7	N/A	N/A	N/A	0%
Denmark	59.4	0.1	N/A	N/A	-99.8%
Others	6.0	4.6	5.3	9.0	14.5%
Total	1,074	615	1,010	890	-6.1%

Top Suppliers of Flakes; of Potatoes to Norway in 2022:

Netherlands (463.3 tons)
Germany (176.0 tons)
Belgium (50.1 tons)

Flakes; of Potatoes Exports in Norway

For the third consecutive year, Norway recorded growth in overseas shipments of flakes; of potatoeses, which increased by 114% to 14 tons in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,164%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, flakes; of potatoes exports skyrocketed to $69K in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,326%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.